47 Carroll St, Binghamton, NY 13901
Broome County
Key Facts
Description
RARE student housing investment opportunity directly across from City Park in Downtown Binghamton. This 8,400 sq. ft. four-story brick building features six apartments totaling 18 bedrooms and 6 full bathrooms, plus a 2,100 sq. ft. commercial space with a kitchen and two half bathrooms. Previously operated as student housing, with historical rents of approx $750 per bedroom. The 18-bedroom layout offers substantial income potential, while the commercial space provides additional revenue opportunities. Each apartment offers central air, in-unit washer and dryer, stainless steel appliances, gas range, hardwood floors, separate entrances, and covered porches. Additional features include keyless biometric entry, surveillance cameras, a central station alarm system, and separate utility meters. Conveniently located near local universities, public transportation, and Downtown Binghamton amenities, this property offers strong student housing potential with added commercial upside.
Property Information
Property Type
Residential Income
Sub-Type
Apartment
Style
MultiFamily
Year Built
1960
Living Area
8,420 sq ft
Lot Dimensions
50x47
Ownership
OWNER
Zoning
R-3
Days on Market
14
MLS® Listing#
336181
Property Features
Exterior
Appliances
Cooling
Heating
Flooring
Parking
Patio
Lot Features
Construction
Sewer
Water Source
Schools
- Elementary:
- MacArthur
Financial Details
Annual Taxes
$6,164
Assessed Value
$62,000
Directions
From Court St. turn onto Carroll St.
Affordability Calculator
$200,000
Estimated monthly payment
$5,322/mo
Principal $800,000 · Est. interest $1,116,071 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Binghamton, NY
- $215,306
- Median Listing Price
- 35
- Median Days on Market
- 2,020
- Median Sq Ft
- $105
- Median Price / Sq Ft
- 249
- Active Listings
- This home’s price is 364% above the area median.
- Its price per sq ft is 13% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Binghamton, NY.
Location
- 47 Carroll St, Binghamton, NY 13901
Points of Interest in Binghamton, NY
Showing the Binghamton area map.
Nearby Schools
Binghamton City School District
School · 0.2 mi away
Columbus School
School · 0.2 mi away
Roy Ettinger School
Secondary · 0.3 mi away
St John the Evangelist School
School · 0.4 mi away
Binghamton High School
Secondary · 0.6 mi away
Binghamton City School District
Elementary · 0.8 mi away
MacArthur School
Elementary · 1.0 mi away
Seton Catholic Central
Elementary · 1.1 mi away
Horace Mann School
Elementary · 1.2 mi away
Theodore Roosevelt Elementary School
Elementary · 1.5 mi away
East Middle School
Secondary · 1.5 mi away
Binghamton City School Dist
School · 1.6 mi away
Calvin Coolidge School
Elementary · 1.6 mi away
West Middle School
Secondary · 1.6 mi away
Thomas Jefferson School
Elementary · 1.8 mi away
Woodrow Wilson School
Elementary · 2.0 mi away
Clinical Campus at Binghamton
School · 2.1 mi away
Hillel Academy
School · 2.3 mi away
St James School
School · 2.5 mi away
Champions at Vestal Hills Elementary School
Elementary · 2.6 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 139 Murray Street, Binghamton, NY | $849,000 | 21 | — | 8,134 |
| 7 Houses Portfolio- see attached list, Binghamton, NY | $850,000 | 30 | — | 1 |
| 36 & 36.5 Fayette St, Binghamton, NY | $949,900 | 18 | — | 8,024 |
| 64 Murray Avenue PORTFOLIO, Binghamton, NY | $956,000 | 24 | — | 9,254 |
Moving Cost Estimate
EXIT Agents in Binghamton
Listing Courtesy: eXp REALTY - 8882760630
Fair Housing Notice